Crypto-focused VC firm Electric Capital raises $1B in new funding
Electric Capital, a Bay Area investment firm, announced a combined $1B raise for the development of two new funds on Tuesday, March 1, 2022: a $400M venture fund and a $600M token fund. Electric Capital’s plans It’s a step higher from Electric’s previous fund, a $110 million vehicle unveiled in August 2020, and cements the firm’s status as […]
Animoca Brands leads a $3.6M funding for BitsCrunch
Animoca Brands, Coinbase Ventures, Crypto.com Capital, and a host of other venture firms have raised $3.6 million in a funding round for crypto and nonfungible token (NFT) analytics firm BitsCrunch. To estimate the fair pricing of NFTs, discover wash trading warnings, and establish whether an NFT is a copy or forgery of the actual asset, […]
Ukraine is reportedly using Bitcoin to ‘Crowdfund War’ With Russia
A new report from blockchain analytics startup Elliptic details how some NGOs and volunteer groups of pro-Ukrainian hacktivists and military organizations are receiving crypto donations to help fund operations against Russia. According to a new analysis by blockchain analytics startup Elliptic, as tensions on Ukraine’s border continue to grow, Ukrainian non-governmental organizations (NGOs) are seeing […]
CoinTracker attains a Unicorn status following a $100M Series A funding
CoinTracker, a tax calculator for cryptocurrencies has been dubbed a “unicorn” after obtaining $100 million in Series A funding. The funds will be used to address the growing need for complex tax reporting solutions in the crypto business. General Catalyst, Initialized Capital, Y Combinator Continuity, 776 Ventures, Coinbase Ventures, Intuit Ventures, and Kraken Ventures all […]
NGRAVE crypto wallet raises $6 million in new funding series
NGRAVE, a company that makes bitcoin hardware wallets, said today that it has raised $6 million in venture investment. Several well-known DeFi and Web3 investors, including Woodstock Fund, Morningstar Ventures, DFG Group, Spark Digital Capital, Moonrock Capital, Mapleblock Capital, and other angel investors, participated in the investment round. NGRAVE’s worldwide reach to be financed The $6 […]